Dennis Small on the Argentine Debt Crisis .EIR's Dennis Small sits down with Jason Ross of the LaRouchePAC science team to discuss the global implications of the Argentine Debt Crisis.
Obviously, in the bigger picture, the majority of people are still stuck in believing the current system will correct itself. While there was clearly wrongdoing by banks during the recession of 2008, few words were spoken that consumers took the loans of their own volition. Well, that's not entirely true. Many loans were packaged as such to convince borrowers they were within guidelines of affordability. Now with nearly all that behind us, and the new laws in place, mortgages are very much more difficult to obtain. Why? On top of the higher qualifying standards, the Fed is incentivizing bankers to keep excessive reserves above a set threshold. The Federal Reserve has been paying banks 25 basis points or ¼ of one percent on these excess reserves. The government paid out over $4 billion to banks in 2012 under this program. If rates go up these payments could raise to a level many times this amount. Is this a subsidy for banks and a disincentive to lend? Are banks right in back in the business of high stakes leveraging and casino risk taking?
Wednesday, July 9, 2014
Tuesday, July 8, 2014
Chuck Missler : ISIS Israel China & Gold
Chuck Missler: ISIS Israel China & Gold | McAlvany Commentary -- The attempt to re-create the Caliphate
1400 Years of tension between Sunni & Shiite
Gold in Fort Knox, is it a just a fairy tale?
Charles "Chuck" Missler is an author, evangelical Christian, Bible teacher, engineer, and former businessman. He is the founder of the Koinonia House ministry based in Coeur d'Alene, Idaho. Wikipedia
Chuck Missler received a Congressional appointment to the U.S. Naval Academy and then served in the U.S. Air Force. After leaving active duty, he became Branch Chief of the Department of Guided Missiles at Lowry Air Force Base. Chuck has earned a Masters Degree in engineering from UCLA and a Ph.D. from Louisiana Baptist University. Chuck has worked as a systems engineer at TRW, followed by a Senior Analyst position serving both the intelligence community and the Department of Defense.
He also worked for the Ford Motor Company where he established the first international industrial computer network. He has served as a consultant to the Board of Directors of Rockwell International for corporate acquisitions and has also participated in over 100 business ventures as a principal, strategic advisor, or turnaround specialist. During the past 30 years, Chuck has also served on the Board of Directors of over a dozen public companies, and was Chairman and CEO of six of them. In addition, Chuck is the author of over sixty publications, including Learn the Bible in 24 Hours, Cosmic Codes - Hidden Messages From the Edge of Eternity, and "Alien Encounters.
1400 Years of tension between Sunni & Shiite
Gold in Fort Knox, is it a just a fairy tale?
Charles "Chuck" Missler is an author, evangelical Christian, Bible teacher, engineer, and former businessman. He is the founder of the Koinonia House ministry based in Coeur d'Alene, Idaho. Wikipedia
Chuck Missler received a Congressional appointment to the U.S. Naval Academy and then served in the U.S. Air Force. After leaving active duty, he became Branch Chief of the Department of Guided Missiles at Lowry Air Force Base. Chuck has earned a Masters Degree in engineering from UCLA and a Ph.D. from Louisiana Baptist University. Chuck has worked as a systems engineer at TRW, followed by a Senior Analyst position serving both the intelligence community and the Department of Defense.
He also worked for the Ford Motor Company where he established the first international industrial computer network. He has served as a consultant to the Board of Directors of Rockwell International for corporate acquisitions and has also participated in over 100 business ventures as a principal, strategic advisor, or turnaround specialist. During the past 30 years, Chuck has also served on the Board of Directors of over a dozen public companies, and was Chairman and CEO of six of them. In addition, Chuck is the author of over sixty publications, including Learn the Bible in 24 Hours, Cosmic Codes - Hidden Messages From the Edge of Eternity, and "Alien Encounters.
Michael Savage on Sarah Palin Saying it's Time to Impeach Obama! - 7/8/14
Aired on July 8, 2014 - Michael Savage on Sarah Palin Saying it's Time to Impeach Obama!
More like the fall of Rome. Obama's hatred of America is so obvious but the welfare deadbeats who voted for him are closing ranks. Maybe we need a another civil war, this time it would pit people who want to live free versus the people who want to sit on their asses and have Obama do the thinking for them.
More like the fall of Rome. Obama's hatred of America is so obvious but the welfare deadbeats who voted for him are closing ranks. Maybe we need a another civil war, this time it would pit people who want to live free versus the people who want to sit on their asses and have Obama do the thinking for them.
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